Santos shareholders lodge climate risk resolution

6 March 2017 Market Forces and over 100 individual shareholders have filed a resolution with the oil and gas major, Santos, demanding the company acknowledge and assess the risks posed to its business by climate change. The resolution is the first attempt to enforce the Financial Stability Board’s Task Force on … Read More

Big bonuses to fossil fuel execs for Digging Deeper

Despite the desperate need and global commitment to ditch fossil fuels, our latest report reveals fossil fuel companies are continuing to search for more unburnable carbon. In many cases, exploration is encouraged through executive remuneration packages. Despite their potential influence as significant shareholders, Australia’s super funds are voting for these wasteful bonuses that encourage … Read More

Are Santos playing hopenomics with their oil price projections?

30 August 2016 Australian oil and gas giant Santos has been using forward price estimates that are significantly higher than other industry players and reputable brokers. With the likes of Deutsche Bank, Goldman Sachs and Santos’ own industry consultants Wood Mackenzie all projecting much lower oil prices, it’s hard to … Read More